EU Leaders Discuss €140B Ukraine Loan Using Frozen Russian Assets

Published 1 day ago

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Above: European Council President Antonio Costa and Ukrainian President Volodymyr Zelensky in Brussels, Belgium on Oct. 23, 2025. Image copyright: Magali Cohen/Hans Lucas/AFP/Getty Images

The Spin

Pro-establishment narrative

Europe is stepping up with this innovative €140 billion loan plan as America abandons Ukraine under Trump. Using frozen Russian assets as collateral is legally sound since it's borrowing, not confiscation, and Ukraine only repays if Russia pays reparations. This creative financing fills the critical gap left by vanishing U.S. aid.

Guardian The New York Times

Pro-Russia narrative

This reckless asset seizure lacks a legal foundation and threatens catastrophic retaliation against Belgium and European interests in Russia. Even during World War II, frozen assets remained untouched, making this unprecedented theft a dangerous precedent. If the EU decides in favor of this dangerous move, it should not be surprised when Moscow retaliates accordingly.

Sputnik International

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